Tag: Social Security benefits
A modest increase reignites the debate over the appropriate price index. How best to keep Social Security benefits up to date with inflation has been a controversial issue. Critics have argued for decades that the CPI-W understates the inflation of the elderly because it does not reflect how large a share of their budget goes…
Social Security and unemployment insurance provide critical protection. Social insurance is the best way to protect people against risks small and large, predictable and unforeseen, routine and calamitous. It provides a framework for broad-based participation, contributions from both the high-paid and low-paid, and a steady source of benefits when the time comes. Given the nation’s…
